SWITCH ORDER


Meaning of SWITCH ORDER in English

Used in the context of general equities. Order for the purchase (sale) of one stock and the sale (purchase) of another stock at a stipulated price difference. Contingent order , swap . For equities , selling one security to purchase another, usually to enhance yield while

Campbell R. Harvey. Hypertextual finance English glossary.      Английский словарь гипертекстовых финансов.